Mfg. - Miscellaneous Manufacturing

$Seller Financing Available

Asking Price	$775,000	Inventory
Gross Income	$1,300,000	Real Estate	$425,000**
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	4 ft

* included in the asking price

** not included in the asking price

This industrial service company has many years of experience in the fabricating industry. They also offer refractory shapes up to 30,000 lbs. which could include burner blocks, brick shapes, tundish furniture, skimmer block, coke over shapes, blast furnace slag pit walls, annealing furnaces bases, etc. When a company needs precast shapes, high temperature ceramic coatings, vacuum cast ceramic shapes, alloy casting items for aluminum billet furnaces, combustion systems, new and reconditioned ladle covers, or furnace doors and preheat shields, then this is the company to take care of your needs! This company employees three to four employees in the shop. The shop foreman makes $12.00 per hour; welders make $9.25 to $10.50 per hour; and a labor makes $8.50 to $9.00 per hour. A temporary secretary makes $150 to $200 per month. The owner s son is one of the employees. If the employees are treated under the same guidelines of employment there would be little reason for them to seek other opportunities. The owner is not included in the hourly workforce. The workforce is non-union but when work is done in union facilities employees are hired from the union halls when necessary. The hours of operation are Monday through Friday, 8:00 A.M. to 4:00 P.M.

Facilities: This business is located in Northeast Ohio in a block building with a steel roof. It is set on 2.6 acres of land in an industrial area. The facility is heated and the owner is planning an expansion of the facility to accommodate additional material storage. The company has a combined seventy-five years of experience and has been able to service their customers from this location due to its proximity to major highways.

Competition: The location of this company makes it accessible to plants in the Cleveland, Pittsburgh, West Virginia markets. If a customer has a location in one of these areas, the ability to travel to take care of customer needs is not a problem. The company prides itself in service to its customers and makes every effort to accommodate them. This business derives its revenue from performing jobs in the shop including fabricating work. They also handle refractory from a manufacturing company which this company represents.

Seller Financing Available: Yes

Financing: Seller may be willing to finance.

Reason Selling: Other interests.